Apple's Spaceship Headquarters

The tech blog has a strong track record of predicting Apple events. But for its part a spokeswoman with the Cupertino-based company declined to comment.

Rumors about when the iPad 3 would be launched and what it might contain have been speculated about for months.

Images from MacWorld

The reports indicate that Apple's new tablet will feature a faster processor and a 2048 ×1536 Retina Display.

The physical appearance of the tablet computer is largely expected to look the same as the iPad 2.

The iPad has quickly become one of Apple's most important gadgets. Not only has the powerful tablet created a new market for Apple and its competitors but it also has pushed the technology company to become the largest retailer of personal computers in the world, when tablets are included.

The launch of the iPad 3 will be watched closely by Apple's competitors to see if the company can keep its stranglehold on the tablet arena and if Apple can continue to expand its PC market share.